Reversal with a lot of Selling Pressure
Stocks managed to recover from early losses, if we review the daily chart of the
S&P 500 we can see how the index recovered from oversold conditions (-3 Keltner
Channel). My
On Its Way to Test February Lows
After months of inflation and hawkish comments from the Fed, it seems that the
Market hasn't finished discounting the same old news. Today all the important
indexes plunged more than 2.
Hawkish Powell Attacks Again
Today the clue that we got thanks to the Fed is that the Market is still pretty
weak. This time the Fed Chair Jerome Powell made some hawkish comments about the
potential aggressive
Large-caps Struggling to get Past Weekly Resistance
Yesterday we had a rally based on the strong earnings that were posted during
the day. Today that bullish feeling disappeared, important stocks such as
Netflix (NFLX) posted losses. There was a lot
False Breakout, a Light of Hope
I wasn't expecting a movement like the one we saw today, however the strong
corporate earnings were today's catalyst. From the 48 companies of the S&P 500